Bitcoin is at a crucial moment in April 2025, with its price hovering around $93,500 and approaching the psychological threshold of $100,000. This rally is attributed to factors such as reduced fees in the U.S., stability in monetary policy, and increased institutional demand, all in the context of volatility in traditional markets and a weakened dollar.

The recent halving in April 2024 has halved the issuance of new bitcoins, reinforcing its scarcity and fueling bullish expectations. Analysts like Tom Lee from Fundstrat project that Bitcoin could reach $250,000 in 2025, especially if considered as a strategic reserve asset by the U.S. government. Other firms, such as Pantera Capital, estimate a value of $148,000 by July 2025, based on historical post-halving patterns.

Despite these optimistic projections, the market shows mixed signals. Although Bitcoin has surpassed its 200-day moving average and the RSI indicates positive momentum, trading volumes remain low, suggesting caution among investors. Furthermore, attention is expected to shift towards altcoins like Solana and Ethereum, driven by the approval of new ETFs and technological advancements.

In summary, Bitcoin is at a crossroads: while fundamentals and projections point to significant growth, market caution and a potential rotation towards altcoins could influence its trajectory.

Bitcoin approaches $100,000: analysis and projections for 2025